GAS WITHOUT DISCOUNT
President Vladimir Putin said on Wednesday Russia could not provide Ukraine with the gas price discount it once had, days before new gas talks between Russia, Ukraine and the European Union.
"It is obvious that given such a serious fall in oil prices and, as a result, gas prices, we can not provide the same discount as earlier," Putin told a government meeting.
"The price for Ukrainian customers should be... in line with nearby countries like Poland."
Gazprom Export, the export arm of state gas producer Gazprom, which supplied Poland with 9 billion cubic metres of gas last year compared to 14.5 bcm shipped to Ukraine, declined to disclose the price Warsaw pays.
Gazprom has said Ukraine will be charged $287 per 1,000 cubic metres with no discount in the third quarter. This compares to the $247 charged in the second quarter, including a discount of $100 per 1,000 cubic metres.
Russia, Ukraine and the European Commission have been discussing the terms for Russian gas supplies to Kiev after a short-term agreement expires at the end of this month.
Talks with Russia on a planned gas package for Ukraine for next winter are set to take place in "coming days", European Commission Vice President Maros Sefcovic said on Wednesday.
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IMF - The near-term outlook for the U.S. economy is one of strong growth and job creation. Unemployment is already near levels not seen since the late 1960s and growth is set to accelerate, aided by a near-term fiscal stimulus, a welcome recovery of private investment, and supportive financial conditions. These positive outturns have supported, and been reinforced by, a favorable external environment with a broad-based pick up in global activity. Next year, the U.S. economy is expected to mark the longest expansion in its recorded history. The balance of evidence suggests that the U.S. economy is beyond full employment.
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